An Argentina-China agreement to unlock the soybean oil conflict seems to move forward as a government official, who preferred to remain anonymous, told a news agency that China has agreed to allow all cargo ships on their way to China to unload soybean oil at Chinese ports.
A United States federal judge ruled in favour of seizing 105 million US dollars from the Argentine Central Bank deposits in New York in order to pay the debt the country holds with two investment funds.
United States Federal Reserve Chairman Ben Bernanke cautioned the US economy still faces significant headwinds, including a housing sector that has yet to recover convincingly and an ailing employment market.
British Foreign Secretary David Miliband announced last week the creation of a Marine Protected Area (MPA) in the British Indian Ocean Territory (BIOT). The move doubles the total officially protected area of the world's oceans.
Venezuela raised this week government-set price caps on milk and dairy products as much as 30% in an attempt to boost benefits for producers and head off shortages of basic goods.
The Chilean Antofagasta regional hospital diagnosed an 18-month old infant girl with cholera on Monday. Dr. Antonio Cárdenas, Chief of Paediatrics, told a local paper in Antofagasta that the infant had a virus called Vibrio Cholera.
Venezuela is catalogued to be the world's riskiest sovereign credit, followed by Argentina, in the table of countries whose debt is the costliest to insure, credit default swap monitor CDS DataVision said this week.
The secretary of Vatican State Cardinal Tarcisio Bertone arrived in Chile this week for an extended visit which includes a meeting with President Sebastian Piñera.
Fonterra, the world's biggest dairy exporter, has said that a seasonal squeeze on Australasian milk supplies is behind a 21% jump in prices to their highest in nearly two years.
United States agricultural exports to Cuba declined by more than 180 million USD in 2009, down from a record 715 million USD in exports set in 2008, according to a Texas AgriLife Extension Service economist.